Land prices / Shimane / Izumo

2023 published land transactions

Kandocho land prices and price trends

This page aggregates publicly released transactions classified as residential land (land only) for the address area Kandocho, Izumo. It does not limit transactions by the buyer's intended use.

Median transaction price per m² (2023)
JPY 21,629 / m²
Median sample 4Five-year sample 10
Estimated price for 99.2 m² (30 tsubo)
JPY 2.15M
Simple estimate using the displayed median
Estimated land + building budget
JPY 44.39M
99.2 m² (30-tsubo) building using the 2025 benchmark

Kandocho location

Kandocho location map

The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.

Station
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Price distribution (2023)

Middle 50% price range
JPY 14,369 / m² – JPY 26,015 / m²
Average transaction price
JPY 18,755 / m²

Estimated land price by plot size (2023)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
66.1 m²20 tsuboJPY 1.43MJPY 950,000 JPY 1.72M
99.2 m²30 tsuboJPY 2.15MJPY 1.43M JPY 2.58M
132.2 m²40 tsuboJPY 2.86MJPY 1.9M JPY 3.44M
165.3 m²50 tsuboJPY 3.58MJPY 2.38M JPY 4.3M

These are simple land-only estimates calculated from the displayed median and quartile price per m², not medians of transactions at each plot size.

Land-price trend

No matching residential official land-price observation is available for this neighborhood.

The displayed period change compares transaction medians in 2021 and 2023. Published transactions and official residential land-price observations are separate series.

Published land transactions (2023)

PeriodAreaPricePrice / m²Road widthZoning
2023-07520.0 m²JPY 3MJPY 5,748 / m²13 mNon-line-delineated city-planning area
2023-07105.0 m²JPY 2.7MJPY 26,015 / m²18 mNon-line-delineated city-planning area
2023-0775.0 m²JPY 2MJPY 26,015 / m²17 mNon-line-delineated city-planning area
2023-019999.0 m²JPY 77MJPY 17,243 / m²9999.9 mNon-line-delineated city-planning area

Transactions are listed newest first. They are not filtered by residential intent or buyer type. Low unit price alone is not treated as atypical. “Value check” is limited to invalid values or extremely high unit prices and does not necessarily indicate an error.

Kandocho land-price summary

The median published transaction price in Kandocho for 2023 is JPY 21,629 / m². A 99.2 m² (30-tsubo) plot would therefore be about JPY 2.15M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2023.

Sources and methodology

Land prices, transaction examples, trends and official land-price observations are based on public data. Small samples can be strongly affected by the conditions of individual transactions.

Source: MLIT Real Estate Information Library ↗